$2,100,000
SOLD APR 1, 2016
3 Beds
3 Baths
2,507 Sq Ft
0.32 Acres

Recently Sold

$838 Per Sq Ft

2 Days on Market

Highlights

  • Waterfront
  • No HOA
  • Central Heating and Cooling System
  • Palm Beach Public School Rated A-

About This Home

As of April 2021

This home is located at 2426 Medina Way, West Palm Beach, FL 33401 and is currently priced at $2,100,000, approximately $837 per square foot. This property was built in 1951. 2426 Medina Way is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Forest Hill Community High School.

Last Agent to Sell the Property

NORBERTO AZQUETA JR

Sotheby's International Realty, Inc. Listed on: 03/30/2016

Last Buyer's Agent

LISA WILKINSON

Brown Harris Stevens of Palm Beach 5225

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,095

Year Built

  • Built in 1951

Lot Details

  • 0.32 Acre Lot
  • Waterfront
  • Property is zoned RD-1

Parking

  • Carport

Home Design

  • 2,507 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • El Cid 2Nd Add Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 74434327220130080

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,095

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.32
  • Lot Size: 100
  • Subdivision Name: El Cid 2nd Add
  • Architectural Style: Other Style
  • Year Built: 1951
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 8095.34
  • Location Tax Legal:Tax Year2: 2015
  • General Property Description:Living Area: 2507.0
  • General Property Description:Pool: No
  • General Property Description:Waterfront: No
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • General Property Description:Lot Dim (1): 100
  • Pets:Pets Allowed: Yes
  • General Property Description:Lot SqFt: 13939
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Flooring: Other Flooring
  • Living Area: 2507.0
  • Window Features: Other

Exterior Features

  • Pool Features: No Pool
  • Pool Private: No
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Other Construction
  • Roof: Other
  • Construction:Other Construction: Yes

Garage/Parking

  • Parking Features: Carport
  • Garage/Carport Description: Yes

Utilities

  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: Yes
  • Lot Size Sq Ft: 13939.0
  • Parcel #: 74434327220130080
  • Zoning: RD-1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 8095.34
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2021
Closed on
Apr 15, 2021
Sold by
2426 Medina Llc
Bought by
Benoit Brian Thomas and Barneson Victoria Justine
Seller's Agent
Simon Isaacs
Simon Isaacs Real Estate LLC
Buyer's Agent
Cara McClure
Douglas Elliman
List Price
$3,275,000
Sold Price
$3,000,000
Premium/Discount to List
-$275,000
-8.4%
Current Estimated Value
$5,067,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,067,140
Avg. Annual Appreciation
12.65%
Original Mortgage
$2,100,000
Outstanding Balance
$1,904,242
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$3,162,898

Purchase Details

Listed on
Jul 8, 2020
Closed on
Jul 23, 2020
Sold by
Rosen Jeffrey and Mervis Richard
Bought by
2426 Medina Llc
Seller's Agent
LISA WILKINSON
Douglas Elliman
Buyer's Agent
Simon Isaacs
Simon Isaacs Real Estate LLC
List Price
$2,550,000
Sold Price
$2,550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.94%

Purchase Details

Listed on
Mar 30, 2016
Closed on
Apr 1, 2016
Sold by
Kirkpatrick Adele Fort and Kirkpatrick Adele Fort
Bought by
Rosen Jeffrey
Seller's Agent
NORBERTO AZQUETA JR
Sotheby's International Realty, Inc.
Buyer's Agent
LISA WILKINSON
Brown Harris Stevens of Palm Beach 5225
List Price
$2,100,000
Sold Price
$2,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.61%
Original Mortgage
$1,260,000
Interest Rate
3.2%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 19, 2009
Sold by
Kirkpatrick Adele Fort
Bought by
Kirkpatrick Adele Fort and Adele Fort Kirkpatrick Revocable Living

Purchase Details

Closed on
Feb 25, 2004
Sold by
Kirkpatrick Jefferson R and Kirkpatrick Adele Fort
Bought by
Kirkpatrick Jefferson R

Purchase Details

Closed on
Feb 25, 2003
Sold by
Kirkpatrick Jefferson R and Kirkpatrick Adele Fort
Bought by
Kirkpatrick Jefferson R
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,000,000 Attorney
Warranty Deed $2,396,700 Trident Title
Warranty Deed $2,100,000 Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,100,000 New Conventional
Previous Owner $1,260,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2024 02/28/24 Rented $20,000 0.0% --
02/27/2024 02/27/24 Under Contract -- -- --
12/27/2023 12/27/23 For Rent $20,000 -25.9% --
09/01/2022 09/01/22 Rented $27,000 -8.5% --
08/02/2022 08/02/22 Under Contract -- -- --
06/27/2022 06/27/22 For Rent $29,500 0.0% --
04/15/2021 04/15/21 Sold $3,000,000 -8.4% $1,197 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $3,275,000 +28.4% $1,306 / Sq Ft
07/23/2020 07/23/20 Sold $2,550,000 0.0% $757 / Sq Ft
07/08/2020 07/08/20 For Sale $2,550,000 0.0% $757 / Sq Ft
09/15/2018 09/15/18 Rented $12,000 0.0% --
08/16/2018 08/16/18 Under Contract -- -- --
04/04/2017 04/04/17 For Rent $12,000 0.0% --
04/01/2016 04/01/16 Sold $2,100,000 0.0% $838 / Sq Ft
04/01/2016 04/01/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $2,100,000 -- $838 / Sq Ft
Source: Palm Beach Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $80,255 $3,909,405 -- --
2023 $78,995 $3,820,344 $2,585,000 $1,235,344
2022 $54,728 $2,625,030 $0 $0
2021 $35,167 $1,604,331 $870,000 $734,331
2020 $26,576 $1,197,208 $720,000 $477,208
2019 $26,321 $1,174,496 $690,000 $484,496
2018 $24,271 $1,111,349 $645,150 $466,199
2017 $26,691 $1,207,131 $561,000 $646,131
2016 $7,936 $387,845 $0 $0
2015 $8,095 $385,149 $0 $0
2014 $8,106 $382,092 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 16-771

APN: 74-43-43-27-22-013-0080